>> i believe it would be a stimulus for the economy, yes. currently the administration plans and the gses have frustrated that but, yes, i think it would be positive. >> you advised the romney campaign, obviously, on policy. you probably don't advise them on how to campaign, i guess, glenn. is that the story, that was where it was in january and we sit at 7,900 and we're still above where we started? >> those are all good talking points. the way i put it to people, as i said before, you have 23 million americans struggling and looking to participate more in this labor market and we have a jobs gap of more than 8 million from what the president promised in his first forecast from where we are mao. that's not a great record. >> glenn hubbard, thanks for your immediate appraisal of the report. we appreciate it. >>> all right. a programming note. watch "squawk on the street" for reaction to the jobs report from alan krueger, chairman of the council of economic advisers for the president. >>> when we come back, we will have more reaction to the j